Why is SAL Automotive falling/rising?

As of 10-Sep, SAL Automotive Ltd is currently priced at 258.75, reflecting an increase of 0.8 (0.31%). The stock has shown a performance today that outperformed its sector by 0.34%. It is trading higher than its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 181.5% against the 5-day average. Despite a year-to-date decline of 4.87% and a one-year drop of 34.33%, the company has demonstrated healthy long-term growth with net sales increasing at an annual rate of 39.82%. However, the stock's high Debt to EBITDA ratio of 8.88 times and a low return on equity of 7.37% indicate challenges in servicing debt and profitability, which may weigh on investor sentiment.
In the broader market context, SAL Automotive's short-term return of +1.99% over the past week outperformed the Sensex, which gained 1.06% during the same period. However, the stock has underperformed over the longer term, with a one-year return of -34.33% compared to the Sensex's slight decline of -0.61%. This stark contrast highlights the stock's struggles relative to the market, despite some positive indicators in recent trading activity. The company's attractive valuation relative to peers and the potential for recovery in net sales may provide some optimism, but the significant debt burden and recent flat earnings results could continue to hinder its performance.